alleryStart learning →Each business segment must be described by indicating what?
ANumber of staff employed
BTypes of products and services
CSelling prices of items
DNames of main customers
Answer & Solution
Correct answer: B. Types of products and services
Readers need to know which products and services each segment covers to judge its risks.
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Related questions
Segment result includes interest expense. Segment liabilities then include what?A change in how revenues and expenses are allocated to segments leaves what unchanged?A material segment policy change needs nature and what else?On what basis are inter-segment transfers measured?If geography is primary, what is reported for large business segments?With business segments primary, which geographical segments need secondary revenue data?The reconciliation ties segment result to which enterprise item?An enterprise giving segment cash flows need not disclose which items?